Commercial Real Estate Condo resort/hotel launches sales on Singer Island

Oceanfront Real Estate Palm Beach Florida

Creative Choice Group and founder Dilip Barot have launched sales for the Amrit Ocean Resort & Residences, a condo, hotel and spa project on Singer Island.

The developer is restarting the project on the 7.1-acre beachfront site at 3100 N. Ocean Drive. Barot’s company returned deposits to pre-sale buyers for a condo project on the site a decade ago, as the real estate market crashed. He’s continued to control the site through a trust in the name of Pandua Dinesh and, in 2015, received approval for a new development plan by Riviera Beach officials.

According to a spokeswoman for Creative Choice Group, the developer broke ground in spring 2017 and is currently pouring foundation piles on the site. The onsite sales gallery should be completed in September.

The Amrit Ocean Resort & Residences will have two towers: Tower P (Peace) and Tower H (Happiness). They will have a mix of 351 condos and hotel rooms, with the exact mix to be determined later. Prices range from $700,000 to over $4 million. Each resident will have a custom-designed wellness plan.

“Amrit will be a lifestyle choice of escapism from the current everyday stresses, focusing on mindfulness and prevention without the use of medical intervention,” said Dilip Barot. “Keeping in mind that we want ours to be specific, meaningful, holistic and distinct from the growing arena of mainstream wellness knowledge, we have identified topics within the Five Pillars of Wellness that will guide individuals into a personalized journey of genuine happiness and help them learn and practice healthy habits.”

The developer is asking for 30 percent deposits, with 10 percent at signing, another 10 percent at foundation pour and another 10 percent at topping off.

Atithi LLC and Crescent Hotels were hired to manage the hotel, the developer said.

The 100,000-square-foot indoor and outdoor spa and wellness center was designed in collaboration with ESPA. Other amenities would include an oceanfront restaurant, a meditation garden, yoga studios, two fire bowls with overflowing water, a moon gate symbolizing arrival into a new world, a whirlpool spa, pools at each towers and a private beach club.

The project was designed by S&E Architects with Bilkey Llinas Design as the interior designer.

Creative Choice Group said the project will be completed in summer/fall 2019.

Source : https://www.bizjournals.com

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